The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.
'People say he lacks the 'political' shrewdness that is necessary for someone to success in this field. These \n\npeople should remember the Vedic hymn -- Kriyah sidhi satve bhavati mahatannopakaraneh.'
The bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach
High interest rate, policy uncertainty in the year of elections, along with risk aversion led to slow takeoff in credit demand on the corporate front.
New offerings by banks are changing the way you transact.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
Contactless card transactions can be up to three times faster than cash payments
Contactless card transactions can be up to three times faster than cash payments
Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided
There is a huge gap in service charges on other factors such as penalty on cheque return.
Rediff readers share their Cash Crisis experiences.
Work fetches money and that is what keeps us going. But how about money fetching more money? We plan to give you what you need to get started.
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
Banking services across the country were hit on Wednesday by the day-long strike by 10 central trade unions and 14 bank unions, but workers of largest lender SBI and a few other banks stayed off the agitation.
Cardholders must ensure their debit cards are used in their presence.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
While some criticise the government, others, despite the inconvenience, hail demonetisation as revolutionary.
Multi-currency pre-paid cards are a good option while travelling abroad.
If you use customised cards that suit your lifestyle needs, you could also end up availing of a variety of deals, rewards, and discounts.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.
Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
The meeting will be attended by all heads and EDs of public sector banks
Against National Democratic Alliance's 75 million target, United Progressive Alliance added 61 million in 2013-14.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
It's not easy to ignore the newspaper ads with Diwali offers.
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like?
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like? Archana Masih reports from India's other most talked about state.
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